BioNeutral Group Inc. (fka BONU)

[stervc]

BONU**$100,000,000 Buyout Possibility…

Within the 10-K that was filed with the SEC by BONU, it was mentioned that a member of the Company’s Board of Directors (the company's President and CEO) was granted options to purchase 5% of BONU at a price of $0.10 per share.

I was wondering why would such be placed within the this filing then I read this considering the possibility of a $100,000,000 buyout which definitely leads me to think that such was placed in there for a reason to justify such being filed with the SEC:

http://www.sec.gov/Archives/edgar/data/1427030/000121390013000399/f10k2012_bioneutral.htm
Mr. Lowenthal shall also be granted options to purchase 5% of the outstanding capital stock of the Company at a price of $0.10 per share, which options shall vest at an annualized rate of 25% per year. Mr. Lowenthal shall also be entitled to a one-time success fee in the amount of $5,000,000 if the Company is sold or merged during the term of his employment, provided that the Company is valued at $100,000,000 or more in connection with such sale or merger (if the value is between $75,000,000 and $99,999,999.99 then the success fee will be pro-rated). Andy Kielbania, who was the Company's Interim Chief Executive Officer, will be the Company's Chief Technology Officer going forward.

v/r
Sterling